I have it narrowed down, but I'm still trying to define my niche and begin the process of mastering it.

It’s a great place to invest if you have your goals clearly defined!

So what any investor should do is define their goals (many do this) and then define your risk tolerance (very few do this) then deploy your capital into markets and assets that fit your risk tolerance.

Yield might be a distant 3rd place because they already have lots of income.I often see people come on here and ask broad questions and really without knowing a persons specific situation it's hard to define a more clear path of options for investment.

I am looking forward to getting my niche more defined and getting started.

Some states have defined wholesaling as brokering and have passed new laws requiring license if you do more than a certain number of transactions a year. 

It’s a matter of clearly defining goals for the business, size of acquisitions, futre growth, target markets etcNext would be defining roles, capital contributions/expectations, decision making process and equity and profit splits.These are just a few of the main issues to map out before meeting with the attorney as they will help you with all the other detailed legal and estate issues.

The partnership is 50/50 (as defined by our operating agreement), and the distribution for each deal is determined by how much equity each investor contributes towards downpayment.

I suggest first defining which path you are looking to go down in real estate and then connecting with someone experienced in that path and provide value.

For example, if we are easily able to show the unit was rented using this platform, the dates and costs etc are clearly defined, would that hold up in court as a reasonable expectation for the guest/tenant to have left by that time?